Traders at work at the New York Stock Exchange on June 9, 2026.
new york stock exchange
Stock futures fell and oil prices rose on Wednesday night after the United States launched additional strikes against Iran.
S&P500 futures decreased by 0.4%, Nasdaq 100 futures It fell by 0.6%. Futures linked to the Dow Jones Industrial Average suffer losses 123 points, 0.3%.
Asia-Pacific markets opened lower on Thursday, with South Korea’s Kospi leading the decline. of Kospi Shares fell 4.1% in early trading. Japan’s Nikkei stock average fell 2.3%, while Australia’s benchmark fell. S&P/ASX 200 It fell by 0.97%.
shares of oracle Shares fell more than 11% in after-hours trading after the software giant announced plans to raise an additional $20 billion in equity and debt to boost its artificial intelligence. This decline weighed on S&P 500 futures. iShares Enhanced Technology Software Sector ETF (IGV)heralding potential losses for the tech sector in the next session.
U.S. Central Command launched additional “self-defense strikes” against Iran late Wednesday, according to a post on Centcom’s social media platform X. The attack was carried out at the direction of President Donald Trump, the post said. West Texas Intermediate Crude Oil Futures It rose nearly 3% to trade around $92 per barrel.
Stocks fell during regular trading on Wednesday due to further declines in the semiconductor sector and rising tensions with Iran. of Dow While it decreased by 953.33 points (1.87%), S&P500 It fell by 1.62%. High-tech oriented Nasdaq Composite We lost 1.98%.
Victoria Fernandez, chief market strategist at Crossmark Global Investments, said many investors are now buying into the opposite of the artificial intelligence trade that has been pushing up stocks for much of this year.
“I think what people are saying is, where do we do that kind of hedging in tech trading, what is the opposite of momentum and beta?” she said on CNBC’s “Closing Bell” Wednesday afternoon. “We’re seeing a rotation from technology to things that have been beaten down a little bit over the past few months.”
Mr Fernandes added that he is seeing clients increasingly putting money into other sectors, such as pharmaceuticals and biotech in the healthcare sector, as well as the financial and energy sectors.
The fragile ceasefire between the United States and Iran was further threatened on Wednesday after President Trump suggested Iran was taking “too long” to agree to a potential deal and suggested it would “pay a price.” He also promised further attacks against the country, saying the United States would “hit very hard.”
Investors are keeping an eye on May’s producer price index, which will be released Thursday at 8:30 a.m. ET. Economists polled by Dow Jones expect overall inflation to rise 0.7% on a monthly basis, with core inflation, which excludes volatile food and energy prices, expected to rise 0.5%. This is lower than April’s headline and core increases of 1.4% and 1%, respectively.
Traders will also be watching Thursday morning for the number of new jobless claims for the week ending June 6.
